Market Share of Underfloor Heating Industry
The global underfloor heating market is highly fragmented. Major players in the market are using strategies, such as new product launches, expansions, agreements, partnerships, acquisitions, and others, to increase their footprints in this market. Some players operating in the market include Uponor Corporation, Emersion Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, and nVent Electric PLC.
In January 2022, Feenstra announced a high-temperature heating pump system for traditional single-family houses in the Netherlands that are said to be a simple replacement for typical gas centralized heating boilers.
In November 2021, nVent Electric PLC launched commercial software with enhanced work packing and heat mapping features. It introduced software that integrates 3D plant modeling systems from the customer with incorporated heat management system (HMS) design capabilities.
Underfloor Heating Market Leaders
Uponor Corporation
Emersion Electric Co.
Honeywell International Inc.
Mitsubishi Electric Corporation
nVent Electric plc
*Disclaimer: Major Players sorted in no particular order
